Latest news with #JignanshuGor
Economic Times
06-05-2025
- Business
- Economic Times
Jignanshu Gor believes DMart doesn't need to join Q-commerce rush. Here's why
Amid rising competitive intensity from quick commerce (Q-commerce) platforms, Avenue Supermarts, the parent company of DMart, is not likely to join the rapid delivery race but is instead expected to sharpen its focus on delivery timelines, assortment depth, and overall value proposition. ADVERTISEMENT In an interaction with ET Now, Jignanshu Gor of Bernstein India addressed the longstanding thesis around DMart's vulnerability to Q-commerce rivals and outlined how the retailer may respond. Gor, whose research house tracks both Avenue and Q-commerce trends, noted that while investor concerns about the overlap between DMart's customer base and quick commerce users have persisted for months, this overlap might be overstated. Addressing the possibility of DMart entering the Q-commerce space directly, Gor stated, 'Will they join them? I do not think so.' Instead, he pointed out that 'they have been working at it for the last nine months, but I do not think they should even plan to join it.' According to him, DMart is more likely to strengthen its delivery capabilities and expand its product assortment, supported by greater investment that one can see in DMart this year or DMart Ready. Gor stated that while Q-commerce will continue to evolve, 'I do not think the entire grocery retailing in India is going to shift online and if it does not shift online, then DMart is one of the two large big box retailers left and arguably given margin profile, etc., the better run retailer as well.' ADVERTISEMENT Also read: Who is Greg Abel and is he able enough to fill Warren Buffett's $1.2 trillion shoes? 'There is a reason why we think that when it comes to pure FMCG or grocery items, a big box retailer is able to provide value, which quick commerce will find it difficult to do on a sustainable basis,' he said. ADVERTISEMENT He acknowledged that the thesis around competition from Q-commerce has been oscillating in the last six months, particularly after DMart's Q2 numbers, which were interpreted by some as indicating pressure from rapid delivery Gor stressed that 'DMart can and will compete better on offering value to customers and offering choice to customers, so that overlap should get over and they will be able to survive or thrive in quick commerce.' (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
06-05-2025
- Business
- Time of India
Jignanshu Gor believes DMart doesn't need to join Q-commerce rush. Here's why
Amid rising competitive intensity from quick commerce ( Q-commerce ) platforms, Avenue Supermarts , the parent company of DMart , is not likely to join the rapid delivery race but is instead expected to sharpen its focus on delivery timelines , assortment depth, and overall value proposition. In an interaction with ET Now, Jignanshu Gor of Bernstein India addressed the longstanding thesis around DMart's vulnerability to Q-commerce rivals and outlined how the retailer may respond. Gor, whose research house tracks both Avenue and Q-commerce trends, noted that while investor concerns about the overlap between DMart's customer base and quick commerce users have persisted for months, this overlap might be overstated. Addressing the possibility of DMart entering the Q-commerce space directly, Gor stated, 'Will they join them? I do not think so.' Instead, he pointed out that 'they have been working at it for the last nine months, but I do not think they should even plan to join it.' According to him, DMart is more likely to strengthen its delivery capabilities and expand its product assortment, supported by greater investment that one can see in DMart this year or DMart Ready. Gor stated that while Q-commerce will continue to evolve, 'I do not think the entire grocery retailing in India is going to shift online and if it does not shift online, then DMart is one of the two large big box retailers left and arguably given margin profile, etc., the better run retailer as well.' Also read: Who is Greg Abel and is he able enough to fill Warren Buffett's $1.2 trillion shoes? 'There is a reason why we think that when it comes to pure FMCG or grocery items, a big box retailer is able to provide value, which quick commerce will find it difficult to do on a sustainable basis,' he said. He acknowledged that the thesis around competition from Q-commerce has been oscillating in the last six months, particularly after DMart's Q2 numbers, which were interpreted by some as indicating pressure from rapid delivery players. However, Gor stressed that 'DMart can and will compete better on offering value to customers and offering choice to customers, so that overlap should get over and they will be able to survive or thrive in quick commerce.' ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Business Insider
05-05-2025
- Business
- Business Insider
Bernstein Remains a Sell on Vishal Mega Mart Ltd. (VMM)
Bernstein analyst Jignanshu Gor maintained a Sell rating on Vishal Mega Mart Ltd. (VMM – Research Report) on May 2 and set a price target of INR90.00. The company's shares closed last Friday at INR121.30. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vishal Mega Mart Ltd. with a INR125.00 average price target. The company has a one-year high of INR126.85 and a one-year low of INR96.05. Currently, Vishal Mega Mart Ltd. has an average volume of 892.4K.
